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The Research Institution GAP Fund and Accelerator Program Summit

U Alberta Lab2Market Validate program bridges gap from tech innovations to commercially viable products 

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October 23-25, 2024 / Atlanta, GA

The annual summit for research institution gap fund and accelerator programs, including proof of concept programs, startup accelerators, and university venture funds

The Story

U of A master’s student Somayeh Raiesdana is putting her innovative idea to the test of commercial potential with help from the new Alberta Lab2Market Validate program. (Photo: Supplied)

Anyone who’s ever done a breast self-exam knows how hard — and stressful — it can be to tell whether a lump is something to go to your doctor about or just part of normal monthly changes. Somayeh Raiesdana hopes to make that process much easier and more accurate.

The University of Alberta master’s student has invented a portable device to obtain images of the breast that are then analyzed using artificial intelligence to determine whether cancer is likely present. The device could be used by women in their homes or by doctors for clinical breast examination in screening plans, specifically in developing countries where they may not have easy access to mammography, the gold standard in breast screening.

It’s a great idea with huge potential, but the challenge for Raiesdana is how to get her product into the hands of people who need it. That’s where a program based at the U of A is aiming to help.

The Lab2Market Validate program allows graduate student and postdoctoral innovators to assess the commercial potential of their technology and determine the appropriate path forward — a first step to bridge the gap between coming up with a great idea and having a product that’s ready to sell.

Full story: Lab2Market Validate program bridges gap from tech innovations to commercially viable products | Folio

 

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